Primo Water

Primo Water Corp. engages in the manufacture, process, and distribution of beverages. It operates through the following segments: North America, Rest of World, and All Other. The North America segment offers bottled water, water filtration, and coffee services to customers in North America. The Rest of World segment provides bottled water, water filtration, and coffee services to customers in Europe and Israel. The All Other segment includes the corporate oversight function and other miscellaneous expenses. The company was founded in 1955 and is headquartered in Tampa, FL.

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Primo Water reports strong Q4 earnings, eyes growth opportunities

Primo Water's Q4 2022 performance reflects solid financial results, with revenue growth, margin expansion, and positive outlook for 2023, underpinned by strategic initiatives.
The company's resilience in offsetting cost inflation, focus on shareholder value, and market adaptability position it well for sustained growth and profitability.
Challenges related to working capital, supply chain disruptions, and M&A strategies in Europe require strategic management to navigate effectively.
Opportunities in digital growth, operational efficiencies, and market expansion present avenues for Primo to drive long-term success and shareholder value creation.

Primo Water reports strong Q1 earnings, eyes growth amid challenges

Primo Water delivered robust Q1 2023 results, showcasing revenue and EBITDA growth driven by consumer demand and operational enhancements.
While facing inflationary pressures and working capital challenges, the company demonstrated resilience and strategic focus on cost management.
With a strong emphasis on sustainability, operational efficiencies, and revenue guidance, Primo Water is poised for continued growth and market leadership.
Strategic initiatives to improve service execution, reduce CapEx, and capitalize on market opportunities position the company for long-term success and profitability.

Primo Water reports strong Q2 results, eyes growth opportunities

Primo Water's Q2 performance reflects revenue and EBITDA growth, supported by key segments and European operations, with raised annual guidance.
The company's strengths lie in customer retention, acquisitions, growth initiatives, and diversified customer acquisition channels.
Challenges include commercial sales recovery, fuel price impacts, NOL drop-off, and ongoing inventory management considerations.
Opportunities for Primo Water include pricing strategies, demand growth, fleet savings, and continued focus on customer experience and expansion.

Primo Water reports strong Q3 results and accelerates growth plans

Primo Water's Q3 performance reflects strong revenue and EBITDA growth, with a focus on North American water businesses.
The Culligan deal unlocks shareholder value and accelerates achievement of 2024 targets, with a clear strategy for debt reduction.
Challenges include shifting sales focus and regulatory hurdles, while opportunities lie in new market penetration and sustained growth strategies.
Overall, Primo Water remains confident in its ability to deliver value to shareholders and drive growth through strategic initiatives.

Primo Water reports strong Q4 earnings, outlines growth strategies

Primo Water's Q4 2023 performance reflects robust revenue and EBITDA growth, surpassing full-year guidance and demonstrating operational strength. The company's strategic focus on customer-centric initiatives, cost optimization, and growth strategies underpins its positive outlook for 2024 and beyond.
Despite facing challenges like margin decline and cost inflation, Primo Water remains resilient, leveraging its strengths in brand portfolio, sustainability practices, and production capabilities. The company's proactive approach to addressing challenges and seizing opportunities underscores its commitment to sustainable growth.
With a clear vision outlined by CEO Robbert Rietbroek, Primo Water is poised for continued success through organic growth initiatives, operational enhancements, and prudent capital deployment strategies. The company's financial performance, strategic priorities, and market adaptability position it as a strong player in the water market.

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Primo Brands Corp. is a branded beverage company. It focuses on healthy hydration, delivering sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in every state and Canada. The company was founded on June 16, 2024 and is headquartered in Tampa FL.

Primo Water (PRMW) makes a strong case for investment, given its earnings growth prospects, rising demand and highly liquid operations.

Reasons to Add Primo Water (PRMW) to Your Portfolio Now

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Primo (PRMW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Primo (PRMW) a New Buy Stock

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MILWAUKEE, June 18, 2024 /PRNewswire/ -- Ademi LLP is investigating Primo Water (NYSE: PRMW) (TSX: PRMW) for possible breaches of fiduciary duty and other violations of law in its transaction with BlueTriton. Click here to learn how to join the https://www.ademilaw.com/case/primo-water-corporation-0 or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Primo Water Corporation has obtained a Fair Price for its Public Shareholders

Primo Water (PRMW) plans to merge with a unit of BlueTriton Brands in an all-stock deal, which is likely to generate a synergy of $200 million.

Primo Water (PRMW) to Merge With BlueTriton via Stock Deal

NEW YORK , June 17, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Primo Water Corporation (NYSE: PRMW) and its board of directors concerning the proposed acquisition of the company by an affiliate of BlueTriton Brands, Inc. Primo Water stockholders will own approximately 43% of the combined company. The Transaction is expected to close in the first half of 2025.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Primo Water Corporation

Shares of bottled water company Primo Water (PRMW) jumped Monday after the company announced plans to merge with BlueTriton, which owns brands like Arrowhead, Deer Park, and Poland Spring.

Primo Water Stock Jumps After Announcing Merger With Poland Spring Parent

The combined company is estimated to generate $6.5 billion in annual revenue.

Primo Water to Merge With Parent of Poland Spring

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Primo Water Corporation (NYSE: PRMW) with an affiliate of BlueTriton Brands, Inc. is fair to Primo Water shareholders. Upon closing of the proposed transaction, Primo Water shareholders and holders of incentive equity are expected to own 43% of the fully diluted shares of the combined company. Halper Sadeh encourages Primo Water shareholders to click here to learn more about their le.

PRMW STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Primo Water Corporation Is Fair to Shareholders

North American packaged water companies Primo Water Corp and BlueTriton Brands said on Monday they would merge in an all-stock deal.

Primo Water and BlueTriton enter into merger agreement

Primo Water Corp. PRMW, -1.76% PRMW, -1.86% and BueTriton Brands Inc., the parent of Poland Spring Deer Park water brands, announced Monday an agreement to merge, which would create a water giant with $6.5 billion in annual revenue. Shares of Florida-based Primo Water, which had a market capitalization of $3.6 billion at Friday's close, were still inactive in premarket trading.

Primo Water, Poland Spring parent BlueTriton to merge, creating water giant with $6.5 billion in revenue

Transformative all-stock transaction expected to present an estimated $200 million in run-rate cost synergies Combined company expected to have significant financial and operating leverage with $6.5 billion in Net Revenue and $1.5 billion in Adjusted EBITDA1, including estimated synergies, for the twelve-month period ended March 31, 2024 Increased presence, leading portfolio of iconic brands, diversified product offerings and enhanced distribution capabilities position the combined company for sustained long-term growth Primo Water intends to pay a special dividend of up to $133 million ($0.82/share)2  to its shareholders prior to closing TAMPA, Fla. and STAMFORD, Conn.

Primo Water and BlueTriton Agree to Merge, Creating a Leading North American Pure-Play Healthy Hydration Company

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Primo (PRMW) Is Up 5.30% in One Week: What You Should Know

Primo Water Corporation (NYSE:PRMW ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Jon Kathol - Vice President-Investor Relations Robbert Rietbroek - Chief Executive Officer David Hass - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Andrea Teixeira - JPMorgan Dan Moore - CJS Securities John Zamparo - CIBC Steve Powers - Deutsche Bank Pavel Molchanov - Raymond James Derek Lessard - TD Securities Operator Good morning. My name is Joanna, and I will be your conference operator today.

Primo Water Corporation (PRMW) Q1 2024 Earnings Call Transcript

Primo (PRMW) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.09 per share a year ago.

Primo (PRMW) Beats Q1 Earnings and Revenue Estimates

Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidance Revenue of $452 million, increased 9.6%, including 8.3% organic growth Gross margin of 64.4%, increased 160 bps, and net income increased to $19 million Adjusted EBITDA of $94 million, increased 24.2%, and Adjusted EBITDA margin of 20.8%, increased 250 bps Increases full-year 2024 Revenue and Adjusted EBITDA outlook Increases full-year 2024 Adjusted Free Cash Flow outlook to between $175 million and $185 million, an increase of $5 million TAMPA, Fla. , May 9, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the first quarter ended March 30, 2024.

Primo Water Announces First Quarter 2024 Results and Declares Quarterly Dividend

TAMPA, Fla. , May 8, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW; TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced the results of voting for directors at its annual and special meeting of shareowners held on May 8, 2024 (the "Meeting").

Primo Water Announces Results of Voting for Directors at Annual and Special Meeting of Shareowners

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PRMW vs. AWK: Which Stock Is the Better Value Option?

TAMPA, Fla. , April 9, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced that the Company will release its first quarter ended March 30, 2024 financial results before the markets open on Thursday, May 9, 2024.

Primo Water Announces Date for First Quarter 2024 Earnings Release and Details Relating to the 2024 Annual and Special Meeting of Shareowners

Primo Water has seen a 19% increase in its stock price and has a positive outlook for future growth. The company's CEO outlined key strategies, including a consumer-centric approach and operational excellence, to drive success. Primo Water provided guidance on margin expansion, adjusted EBITDA, and strong cash flow expectations for the coming years.

The New Primo Water Has Momentum Primed For An Eventual Breakout

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PRMW vs. AWK: Which Stock Should Value Investors Buy Now?

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News for Primo Water Stock (PRMW)